Gross National Product Definition

noun
The total value of a nation's annual output of goods and services: it includes the foreign output of domestic firms and excludes the domestic output of foreign firms.
Webster's New World
Synonyms:

Other Word Forms of Gross National Product

Noun

Singular:
gross national product
Plural:
gross-national-products

Gross National Product Sentence Examples

  • An ongoing debate is whether a high amount of energy raises a nation or region's gross national product (GNP) or whether rising GNP increases the consumption of energy.

  • As national income increases in a given country, the size of government as a portion of gross national product (GNP) rises and the range of services people expect the government to offer rises.

  • Nationally, track the Gross National Product and the Confidence Index as well as the stock market.

  • Total spending in 2004 for health care was $1.9 trillion, which was 16 percent of the United States' gross national product.

  • There was a decline in gross national product and in per capita income.

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Starts With G & Ends With TStarts With GR & Ends With TStarts With G & Ends With CT

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